Just weeks ago, media outlets like Bloomberg and TechCrunch were all but declaring an end to bitcoin’s price volatility.
Posts like “Bitcoin’s Emerging Price Stability” were widely circulated on the bitcoin forums, and research from Wall Street analysts like ConvergEx Group asserted that bitcoin was “on the road to stability”.
Then, overnight, all was quickly forgotten.
Bitcoin value tanks again as Mt. Gox details the ‘bug’ that is forcing it to …
The Next Web
The Bitcoin payment processor Mt.Gox today said that it would not re-instate Bitcoin withdrawals until it was happy that the underlying system for tracking transactions was completely secure. The company made the announcement in a press release …
Bitcoin dives after marketplace halts withdrawals
New York - The price of the digital currency bitcoin slid to its lowest level in nearly two months on Monday after bitcoin digital marketplace Mt. Gox said a halt on withdrawals it announced on Friday would continue indefinitely after it detected …